LONDON—Wall Street headed for a lower start on Friday as investors sought to interpret a ‘mixed bag’ of payrolls numbers before the final session of a rollercoaster first trading week of the year. U.S. employment rose by a less-than-expected 199,000 jobs last month as the impact of a resurgent pandemic bites, well below the 400,000…
Wall Street Set for Weaker Start After Mixed Payrolls Data
Futures Extend Gains After October Payrolls Blow Past Expectations
U.S. stock index futures sharply extended gains on Friday after data showed U.S. job growth accelerated at a much faster than expected pace in October, adding to optimism sparked by a batch of strong earnings reports. At 8:35 a.m. ET, Dow e-minis were up 120 points, or 0.33 percent, S&P 500 e-minis were up 19.75…
Wall Street Extends Record Rally on Strong Jobs Report
Wall Street’s main indexes hit record highs in a broad-based rally on Friday as data showing strong jobs growth in October, coupled with Pfizer’s COVID-19 pill update, boosted sentiment about economic growth. Ten of the 11 major S&P sectors advanced in early trading, with economy-sensitive energy, financials, and industrials gaining more than 1 percent each….
US Private Payrolls Beat Expectations in September
WASHINGTON—U.S. private payrolls increased more than expected in September as COVID-19 infections started subsiding, boosting hiring at restaurants and other high-contact businesses. Private payrolls increased by 568,000 jobs last month, the ADP National Employment Report showed on Wednesday. Data for August was revised lower to show 340,000 jobs added instead of the initially reported 374,000….
Dollar Inches Toward One-Year High as Payrolls Test Looms
LONDON—The U.S. dollar edged back toward a one-year high versus major peers on Tuesday ahead of a key payrolls report at the end of the week that could boost the case for the Federal Reserve to start tapering stimulus as soon as next month. The safe-haven greenback was also supported by an equity sell-off that…
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